Bahrain debt problems have deepened as the kingdom borrowed BD165.7 million (some US$439 million) in the space of three months, according to the latest figures published on Monday and cited by the GDN.
The above-mentioned sum was revealed by the Bahrain Monetary Agency (BMA) in its consolidated balance sheet of the banking system.
It indicated total outstanding loans and advances extended to residents by commercial banks went up by BD165.7m (6.7 per cent) to BD2,623.5m at the end of December 2005 against BD2457.8m at the end of September 2005.
